MNTN CEO on Disney’s Ad Business, Streaming Wars Outlook
MNTN CEO Mark Douglas discussed the current state of the connected TV and streaming advertising landscape following a strong earnings report from his company, which showed a 21% year-over-year revenue increase. The conversation highlighted recent earnings from major media companies, including Disney, which reported a 64% profit growth in its streaming business and 14% revenue growth, though its overall ad sales grew only 3%. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
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